Snap Up This Investment!


5/32 Constellation Drive, Albany

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Snap Up This Investment! | 5/32 Constellation Drive, Albany | 1500679 |      X Close
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Snap Up This Investment!


- Fully leased to Snap Fitness

- Total net rental $157,497pa + GST

- Eight year lease from 2013 plus two further terms of eight years

- Built in rental growth and bank guarantee in place

- Neighbours to other well-known national tenants

- Floor area of 385sqm (approximately)

- 30 car parks (forming part of common area)

This modern commercial investment forms part of a retail development with 100% occupancy.

Other great mix of retail tenants include Coffee Club, Mexicali Fresh, Tank Juice and Bruce Lee Sushi. Snap Fitness is the world's premier 24/7 fitness franchise, and has been operating from these premises since 2013 with a membership of 750, including the Skycity Breakers NZ basketball team. The development is situated on the high profile corner of Constellation Drive and Atlas Place with easy motorway access. This location has developed into a popular commercial hub servicing the growing commercial and residential suburbs within this area.

The property is currently returning a net rental of $157,497pa + GST and outgoings. Full tenancy details are available upon request, along with full information pack and LIM report.

Property Video (please copy link and paste in your browser)

https://vimeo.com/201195155

Do not delay and call SOLE AGENTS today to view the premises:

Ranjan Unka | 021 711 755 | ranjan.unka@bayleys.co.nz

Anna Radkevich | 021 268 8277 | anna.radkevich@bayleys.co.nz

For Sale by Auction (unless sold prior)

11am, Wednesday 8th March 2017,

Bayleys House, 30 Gaunt Street,

Auckland Central.

5/32 Constellation Drive, Albany

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